Multiple Choice
The accompanying table shows labor-productivity figures in two countries facing constant costs. It can be deduced that
A) country A can produce more meat and houses than country B.
B) country A has a comparative advantage in producing houses.
C) country B has the absolute advantage in producing houses.
D) country B has a comparative advantage in producing houses.
Correct Answer:

Verified
Correct Answer:
Verified
Q125: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The accompanying table
Q126: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The accompanying tables
Q127: An export subsidy for a product will
Q128: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The accompanying tables
Q131: When a tariff or quota on a
Q133: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The accompanying table
Q145: An import-licensing requirement or import restrictions pertaining
Q235: Which of the following products is a
Q271: In 2018, the United States<br>A) imported more
Q297: Bastiat's "Petition of the Candlemakers," a classic